Consider the following statements :
1. The Rajya Sabha has no power either to reject or to amend a Money Bill
2. The Rajya Sabha cannot vote on the Demands for Grants.
3. The Rajya Sabha cannot discuss the Annual Financial Statement.
Which of the statements given above is/are correct?
Explanation:
Rajya Sabha can only keep a money bill for not more than 14 days, before which the bill should be either returned to Lok Sabha with recommendations, or passed by the Rajya Sabha. In case of a disagreement between both the houses, the bill is deemed passed in the form it was passed by Lok Sabha.
Only the Lok Sabha can vote on the demand for grants. The budget (annual financial statement as mentioned in the constitution) is discussed by the Rajya Sabha.